๐ด๐ด $BTC Another Dump Coming? ๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐๐ข๐ฅ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ด๐ด
Bitcoin is currently trading above the ascending trendline (dashed line) showing a consistent support level where Bitcoin has previously bounced back. Currently, the price appears to be close to this support trendline, suggesting a potential bounce.
If the price bounces from the support trendline and breaks above the $72,500 resistance level, it could signal a continuation of the upward trend and potentially lead to higher price levels.
Conversely, If the price breaks below the support trendline, it might indicate a potential trend reversal or further downside movement.
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